Are We Facing a New Housing Emergency?

Are We Facing a New Housing Emergency?

meghanriley General Real Estate Leave a Comment

Right now, the national housing market is facing a large inventory shortage and conditions aren’t improving. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released a statement that housing starts i.e. new homes under construction were at an 8 month low in May. To add to this pressure, things aren’t looking up for June, because …

The Economic Impact of a Home Sold in North Carolina

meghanriley General Real Estate Leave a Comment

When a home is purchased, the real estate agents aren’t the only ones to make money off the sale. Mortgage lenders, title insurance companies, real estate brokerages, rental and leasing companies, home appraisal companies, moving services, furniture companies, appliance companies, remodelers, restaurants, and sports teams are some of the other entities that benefit. Anything that contributes to establishing a home …